Practical Founders Podcast

#210: 4th Time Founder: Solve Distribution First, Write Code After – Vic Levitin

Aug 20, 2026

Vic Levitin is a serial founder who built companies in Israel for two decades before fleeing the war with his young family to the island of Koh Samui, Thailand. His first SaaS company, CrazyLister, grew out of his own e-commerce business where he needed a simple way for eBay sellers to build professional listings without knowing HTML.

CrazyLister raised about $700K, then a similar second round, and grew to nearly $2M ARR before stalling. Today it runs profitably at roughly $1M ARR. Vic later spent four years co-founding Diptera.ai, a deep-tech venture using a larval-stage breakthrough to suppress malaria-carrying mosquitoes, now backed by the Gates Foundation.

From Thailand, Vic now runs an AI-powered venture studio built on one rule: no code gets written until he proves he can generate demand. He partners with domain experts and influencers who already own trusting audiences, which is a model that took his AI-influencer platform to $90K MRR in 18 months, now extending to smaller niches like dog trainers.

Key Takeaways

  • Distribution First: Prove you can generate demand and revenue before a single line of code is written.
  • Repeat vs. First: First-time founders obsess about product; repeat founders obsess about distribution.
  • Partner for Reach: Bring on experts and influencers who already own a trusting audience.
  • Micro-Niches Win: AI makes it viable to build dedicated apps for tiny verticals like dog trainers.
  • Time to Money: Chase the fastest path to the first $100 in MRR to make everything real.

Quote Vic Levitin, Founder of CrazyLister

“My technical co-founder Yair could build anything, even before AI came along. But we have an agreement, and it’s a simple one.

“He doesn’t write a single line of code — whether from his own brain or with AI — before I prove to both of us that I can generate demand and revenue for whatever we’re building.

“That agreement formed the way we build now. We’re a venture studio, and we solve distribution first by partnering with domain experts who already have trusting audiences.”

Links

Podcast Sponsor – Vista Point Advisors

Vista Point Advisors is a leading investment bank for founder-led software, AI, and internet companies. VPA works exclusively on the sell side, providing unconflicted M&A and capital-raising advice to help founders understand their options and maximize business value.

If you are considering selling your practical software company, Mike Lyon and the VPA team are ready to talk when you are. Go to vistapointadvisors.com/for-founders to learn more about the steps founders can take now to better prepare for a future exit.

Practical Founders Podcast Stats

153

Founders
interviewed

$11.7billion

Total founder
equity value

$77million

Average founder
equity value

0

VC-funded
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Cover Photo of Practical Founders Podcast

Practical Founders Podcast with Greg Head

Every week, host Greg Head interviews a successful software founder who started, grew, and sometimes sold a valuable software company—without VC funding.

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